Land For Sale £450,000
Pippins Court, Evesham is a unique airspace development opportunity to purchase the freehold of the existing apartment blocks with the benefit of planning permission to construct an additional two storeys to create 10 residential apartments.
This is a fantastic opportunity that would appeal to developers looking for immediately available schemes and also perfect for investors to acquire a build to rent scheme that would create the perfect high yield apartment block.
Situated just outside of the Town Centre overlooking the picturesque park and River Avon, this is a popular location for buyers and tenants alike.
Planning was approved via Wychavon District Council after an appeal on 6th May 2021 under planning reference - 20/02214/gpda
The existing 13 apartments are all built & sold, so the opportunity is to purchase the freehold for the block and build 10 additional properties above to create a 23 unit block.
The existing ground rent income is £1950 per annum and 114 years remaining on the lease for the existing apartments.
We are instructed as sole agents for the sale of this development opportunity and hold a full marketing pack of information. Please get in touch for further details.
**nb - these details have not yet been verified**
This is a fantastic opportunity that would appeal to developers looking for immediately available schemes and also perfect for investors to acquire a build to rent scheme that would create the perfect high yield apartment block.
Situated just outside of the Town Centre overlooking the picturesque park and River Avon, this is a popular location for buyers and tenants alike.
Planning was approved via Wychavon District Council after an appeal on 6th May 2021 under planning reference - 20/02214/gpda
The existing 13 apartments are all built & sold, so the opportunity is to purchase the freehold for the block and build 10 additional properties above to create a 23 unit block.
The existing ground rent income is £1950 per annum and 114 years remaining on the lease for the existing apartments.
We are instructed as sole agents for the sale of this development opportunity and hold a full marketing pack of information. Please get in touch for further details.
**nb - these details have not yet been verified**
